Adell Harriman & Carpenter Inc. Has $1.09 Million Stock Holdings in iShares Morningstar Growth ETF $ILCG

Adell Harriman & Carpenter Inc. lessened its position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 61.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 10,495 shares of the company’s stock after selling 16,775 shares during the quarter. Adell Harriman & Carpenter Inc.’s holdings in iShares Morningstar Growth ETF were worth $1,092,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Caitlin John LLC acquired a new position in shares of iShares Morningstar Growth ETF in the 3rd quarter worth approximately $35,000. Parallel Advisors LLC acquired a new position in iShares Morningstar Growth ETF in the third quarter valued at $37,000. Cornerstone Planning Group LLC bought a new stake in iShares Morningstar Growth ETF during the third quarter valued at $64,000. Spire Wealth Management boosted its position in iShares Morningstar Growth ETF by 23.8% during the fourth quarter. Spire Wealth Management now owns 630 shares of the company’s stock valued at $66,000 after acquiring an additional 121 shares during the last quarter. Finally, Wealth Watch Advisors INC acquired a new position in shares of iShares Morningstar Growth ETF in the 3rd quarter valued at about $107,000.

iShares Morningstar Growth ETF Price Performance

NYSEARCA ILCG opened at $113.55 on Wednesday. The business has a 50 day simple moving average of $104.41 and a 200 day simple moving average of $103.90. iShares Morningstar Growth ETF has a one year low of $88.66 and a one year high of $117.43. The stock has a market capitalization of $3.02 billion, a P/E ratio of 38.10 and a beta of 1.22.

iShares Morningstar Growth ETF Profile

The iShares Morningstar Growth ETF (ILCG) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of growth stocks, selected from the top 90% of the US market-cap spectrum. ILCG was launched on Jun 28, 2004 and is managed by BlackRock.